Two-Story Office
New
For Sale
Contact for pricing
3583 W Shields Ln, South Jordan, UT 84095
Medical and professional suites feature private rooms, flexible layouts, and elevator access to the upper floor.
Property Size12,810 SF
Lot Size0.76 Acres
Price / SF$351.29
Days on Market5
Property Features for 3583 W Shields Ln
General Information
Standard status
Active
Size
12,810 SF
Class
Class B
Elevators
Yes
Lot size
0.76 Acres
Building Details
Year Built
2018
Buildings
1
Stories
2
Building Size
12,810 SF
Listing Agency:
Summit Commercial Advisors
(801) 435-5005
Listed By:
Cody Black · License #6026252-SA00
(801) 687-0094
Source:
Moodyscre
Added: Oct 9
Changed: Oct 13
Last Checked: Oct 13 at 2:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Summit Commercial Advisors
Investment Insights
Based on property information with market context.
Built in 2018, this two-story office building contains 12,810 square feet on a 33,119-square-foot lot. Its two suites include a 2,959-square-foot ground-floor space with reception, private offices or treatment rooms, and direct exterior entry. The 3,205-square-foot second-floor suite combines open workspace with private offices and is served by an elevator. Both suites have flexible floor plans and natural light.
Monument and building signage is available along 9800 South in South Jordan. The ground-floor layout includes direct exterior access, while the upper suite is accessible by elevator.
Monument and building signage is available along 9800 South in South Jordan. The ground-floor layout includes direct exterior access, while the upper suite is accessible by elevator.
Key Highlights
- 12,810‑square‑foot office building on a 33,119‑square‑foot lot
- Built in 2018 with two stories
- 2,959‑square‑foot ground‑floor suite with reception, private rooms, and direct exterior entry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$185,732
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,714,640
$3.7M
Cap Rate 7%
$2,653,314
$2.7M
Cap Rate 9%
$2,063,689
$2.1M
Market Conditions
NOI Build-Up for 12,810 SF
Gross rent
$275.2K $21.48/SF
− Vacancy
−$27.5K −$2.15/SF
EGI
$247.6K $19.33/SF
− OpEx
−$61.9K −$4.83/SF
NOI
$185.7K $14.50/SF
Area
Salt Lake County, UT
Vacancy
10.00%
Lease Rate
$21.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,714,640
Cap Rate 7%
$2,653,314
Cap Rate 9%
$2,063,689
Alternative Uses
Best Use
Office B
$2.65M
$2.32M – $3.10M
NOI $185,732 @ 7.0% cap · market cap 4.13%
Second Best
Healthcare Medical
$2.19M
$1.92M – $2.55M
NOI $153,290 @ 7.0% cap · market cap 3.41%
Theoretical Best
Multifamily LT 5
$170.57M
$149.25M – $199.00M
NOI $11,939,891 @ 7.0% cap · market cap 265.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
299
Businesses Nearby
Explore this area
Business Placement
Demographics for 84095, UT
39,278
Population
13,518
Households
2.9
Avg Household Size
35
Median Age
46%
College-Educated
97%
High-School Grad
11.5 sq mi
ZIP Area
3,415
Density / Sq Mi
$123,082
Median Household Income
$57,833
Median Earnings
$1,794
Median Rent
$669,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Medical and professional suites feature private rooms, flexible layouts, and elevator access to the upper floor.
Where is this office building located?
The property is located at 3583 W Shields Ln South Jordan, UT.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 12,810‑square‑foot office building on a 33,119‑square‑foot lot; Built in 2018 with two stories; 2,959‑square‑foot ground‑floor suite with reception, private rooms, and direct exterior entry
